When Supplies Ordered by a Governmental Unit Are Received at an Actual

question 73

Multiple Choice

When supplies ordered by a governmental unit are received at an actual price which is less than the estimated price on the purchase order,the Encumbrance Control account is:

• A) Credited for the original estimated price for the supplies.
• B) Credited for the actual price on the purchase invoice.
• C) Debited for the original estimated price for the supplies
• D) Debited for the actual price on the purchase invoice.

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Definitions:

Smarter

Showing a higher level of intelligence or ability to learn and understand things quickly and easily.

Authenticity

The quality of being genuine, true, or real in one's expressions, actions, or beliefs.

Aspects

Various parts, features, or elements of something, considering different viewpoints or dimensions.

High Self-Esteem

A positive valuation of oneself, reflecting a person’s overall subjective emotional evaluation of their own worth.